Find out more about the DAGchain™ - the technology powering our peaq platform and how it’s laying the foundations for a transformation in the way we conduct business and exchange value.
Our peaq platform is the infrastructure upon which companies can create, build and innovate. The platform’s underlying technology - the DAGchain - makes this possible. The DAGchain is the first technology to meet all business requirements for speed, scalability, security, privacy, consistency and decentralization - simultaneously and without compromising on performance.
DAGchain technology combines DAG (Directed Acyclic Graph) technology with blockchain technology to create a next generation Distributed Ledger Technology. Transactions are grouped into blocks which are stored in a database of full nodes. Nodes are the core of peaq and they come in several variations. Full nodes sync blocks once Validators reach consensus. Achieving consensus is also made more efficient by DAG technology.
The DAGchain uses the ADDBFT (AI Delegated DAG Byzantine Fault Tolerance) consensus algorithm, also developed in-house. Our AI powered, decentralised algorithm follows best practices of Byzantine Fault Tolerance by Tendermint, Optimisation Methods and elements of Proof-of-Stake.
The DAGchain is a multipurpose blockchain architecture. It powers both our enterprise platforms and our public platform.
The DAGchain is built to handle over 20,000 transactions per second with confirmation times of 0.5s. These are boundaries we're already working to push further. Efficiency, speed and scalability are essential.
The DAGchain was built to exceed business requirements. It fulfils the all-important needs for speed, scalability and security while ensuring stable prices and predictable fees, and being fully GDPR compliant.
The DAGchain leverages distributing computing power and PQC (Post Quantum Cryptography) to ensure its long-term viability. It's also built to fit a sustainable future by not requiring large amounts of energy to operate.
Smart Contracts on peaq are used to execute all sorts of business logic depending on the particular use case. Smart Contracts can be programmed in any programming language compiled with WASM (WebAssembly).
Neutral business infrastructure wasn’t possible before blockchain. Making this infrastructure highly scalable, secure and efficient wasn’t possible before DAGchain. Our DAGchain powered enterprise platforms are built according to use-case requirements. They are the neutral business infrastructure platforms bringing stakeholders together and enabling new ways of doing business.Speak to an expert
The peaq public platform will be a fully decentralized platform enabling the exchange of value between different enterprise platforms and their ecosystems. The peaq public platform will be the first to provide predictable fees and stable prices without being pegged to an asset or asset pool.
We all use the internet. Understanding exactly how the internet works is not a prerequisite. The same should be true for blockchain. We foresee a world where harnessing the power of blockchain is a simple, painless process and we are dedicated to making that happen.
peaq’s revolutionary potential has already been acknowledged by some of the world’s largest companies and leaders.
Wherever you are in your blockchain journey, our experts will guide you to where you want to be.